The protocol was signed in the presence of Russian PM Dmitry Medvedev and Chinese PM Wen Jiabao

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MOSCOW, December 6 (Itar-Tass) — Russia and China have signed an intergovernmental protocol of cooperation in the construction of the Tianwan nuclear plant’s power units 3 and 4 in China.

The protocol was signed on Thursday in the presence of Russian Prime Minister Dmitry Medvedev and Chinese Prime Minister Wen Jiabao after their 17th regular meeting in Moscow.

After the signing ceremony, Sergei Kiriyenko, head of Russia’s state nuclear corporation Rosatom, told journalists that the corporation “begins talks on phase three.” “I don’t think it might be done overnight,” he said when asked when the talks would be over. “We are beginning to pour concrete in December,” he said. At the same time, he noted the work schedule is very tight. “The units are to be commissioned by 2017 and put into commercial operation in 2018,” he said.

According to Kiriyenko, it is not ruled out that Rosatom might take out a loan, if need be. But, in his words, it is very much unlikely. “Rather no, than yes, since we have enough money,” he noted.

According to Russian Deputy Prime Minister Dmitry Rogozin, the Russian and Chinese sides agreed to hold more consultations on further cooperation in the construction of the Tianwan nuclear plant before the end of December. “We have agreed to expand Russia’s nuclear presence at other facilities, such as Tianwan’s phase three and four, i.e. its units five, six, seven, and eight.” he said. Apart from that, the sides discussed cooperation between Rosatom and the Chinese side to make floating nuclear electricity plants.

Currently, the Tianwan plant has two power units that were built with Russia’s help. A recent check has recognized these units as the safest in China.